Hundreds of layoffs and huge pay cuts are in store for employees of Scandinavian Airlines (SAS) after the company posted losses of more than 1.3 billion kroner from the first six months of 2009. The Nordic airline now feels it has no other option but to make drastic cuts in its workforce.
Tag Archive | "Scandinavian Airlines"
Scandinavian Airlines forced to make big cutbacks
Posted on 20 August 2009.
Posted in Culture, MBL, ScandinaviaComments (0)
SAS offers convenient railway check-in option
Posted on 25 May 2009.
Before the end of the year, every passenger flying with Scandinavian Airlines (SAS) will be able to fully check-in and leave their baggage at train stations across Scandinavia. The popular Nordic airline plans to install new automated machines at the region’s major train stations as early as autumn if everything goes well.
Posted in Business, International, MBL, Scandinavia, TechnologyComments (2)
Scandinavian Airways trims workforce by nearly half
Posted on 11 February 2009.
In the most dramatic instance of recent cutbacks in the aviation industry, Scandinavian Airways (SAS) has made the tough decision to axe 40 percent of its entire global workforce as part of its massive restructuring plan. The move by the Nordic carrier comes on the heels of huge profit losses of 6.32 billion kronor (USD [...]
Posted in Business, Denmark, International, MBL, Norway, Scandinavia, Sweden, TravelComments (1)
SAS dumps two of its airlines
Posted on 27 December 2008.
The financially embattled carrier Scandinavian Airlines (SAS) has announced that it is selling off two of its subsidiaries: Spanair and airBaltic. It is hoped that by selling its stakes in the two budget carriers, SAS can pull itself out of financial trouble and better position itself for a strong 2009.
Posted in Business, Denmark, MBL, Norway, Scandinavia, Sweden, TravelComments (2)
SAS wants to buy out Estonian Airlines
Posted on 20 December 2008.
Despite its admitted financial difficulties, Scandinavian Airlines (SAS) has approached the Estonian government with an offer to buy out the 34 percent stake it owns in Estonian Airlines. SAS already owns 49 percent of Estonian Airlines.
Posted in Business, International, MBL, Politics, Scandinavia, TravelComments (0)
SAS axes 5,000 departures from Copenhagen
Posted on 18 December 2008.
The financially squeezed Nordic carrier, Scandinavian Airlines, has announced it will be cutting 5,000 of its normally scheduled departures from Copenhagen Airport during the winter season due to greatly decreased customer demand. Twenty-five destinations will be affected by the cutback, with flights to Frankfurt, Munich, Hannover, Cologne, Stuttgart, Brussels, Prague and Manchester most greatly reduced.
Posted in Business, Denmark, Energy, General, MBL, Scandinavia, TravelComments (1)
EasyJet offers new Scandinavian routes
Posted on 12 November 2008.
In direct competition with Scandinavian Airlines SAS, budget carrier easyJet has started flying to and from Stockholm’s Arlanda Airport to both Milan and Geneva. On 27 October the first easyJet planes took off thus adding these two popular cities to its list of European low-cost destinations.
Posted in Business, International, MBL, Scandinavia, Sweden, TravelComments (0)
SAS in merger talks with Lufthansa
Posted on 17 September 2008.
Scandinavian airline SAS’s shares were temporarily suspended on Monday after Reuters reported that the airline has opened the first round of merger talks with Germany’s Lufthansa, Europe’s second-largest airline. There has been speculation that SAS would merge for several weeks now, and if Lufthansa can seal a deal it would solidify its already strong position [...]
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